Comm Ri Multi-units 5+ For Sale
7,500 Sqft - 2327 San Pablo ave, OAKLAND, California 94612
Property Description
Property has a lot of upside potential. It has 22 units and the average rent is $650 per month. The cap rate is approximately 17% and the GRM is approximately 5.5. The downstairs basement area is about 2,500 S.F. and one can add a community dining room, entertainment area or whatever meets the imagination. Must contact City of Oakland for specific plans and building allowances. Close to BART, Uptown, Fox and Paramount theaters. Surrounding areas have many approved plans for condos etc. Please do not disturb or disclose to tenant property is on the market.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40803013
Price : $950,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7,500 Sqft
Year Built : 0
Lot Area : 7,140 Sqft
Features
Heating System : Other Heat
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94612
Street : San Pablo ave
Street Number : 2327
Floor Number : 0
Longitude : W123° 43' 31''
Latitude : N37° 48' 50.3''
MLS Addon
Office Name : COLDWELL BANKER RESIDENTIAL
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94612
Address : 2327 San Pablo ave
Cross Street : West Grand Avenu
Directions to Property : West Grand to Rt on San Pablo
LA1User Code : R01005734
LA1Agent First Name : Gary A.
LA1Agent Last Name : Robinson
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 22
Dist/Nbrhood/Sub : WEST OAKLAND
List $/SqFt : $127
Age : 0
Apx Lot Sq Ft : 2,500 Sqft
Type of Building : Apt Complex
Annual Taxes : $3,611
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv
ALL UNITS HAVE : Other
DISABLED FEATURES : Elevator
EQUIPMENT ADDITIONAL : Fire Sprinklers, None
EXTERIOR : Wood Frame
FLOORING : Linoleum, Tile
LOT DESCRIPTION : Level, Other
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 0
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Private, Arm
Other Loans (Y/N) : No
1st Loan Balance : $23,400
2nd Loan Balance : $163,020
Tot Other Loans : $0
Financial Data Verif(Y/N) : 17
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $950,000
Sold Price : $675,000
Previous Price : $950,000
Sale $/SqFt : $0
